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Alpha Foods raises $28 million for its vegetarian prepared foods

Byindianadmin

Mar 1, 2020

Alpha Foods, the vegetarian ready food manufacturer, has raised $28 million in financing for its portfolio of vegetarian burritos, tamales, nuggets, pizzas, hamburgers, patties and sausages.
The Glendale, Calif.-based company was launched by Loren Wallis, the founder of the dairy substitute, Great Karma Foods, and Cole Orobetz, a former director with the farming financial obligation lending company Avrio Capital.
Introduced in 2015, Alpha Foods formerly raised $12 million in financing from investment companies like New Crop Capital and AccelFoods, whose other brand names include Kite Hill, Good Catch, BRAMi and Evoke Healthy Foods.
As more Americans move to supplement their diet plans with plant-based items, companies like Alpha Foods have found willing financiers for brand-new food brand names. The business’s brand-new round
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